TPG Real Estate, a San Francisco-based alternative asset management firm, was joined by three investment partners in acquiring ECHO Realty, an owner/operator of grocery-anchored retail real estate, in a transaction valued at approximately $2 billion....
Greystar announced the start of construction on Ophelia, its first apartment development in Pittsburgh. Ophelia is part of a mixed-use development and will have 231 residences, with 35 of them dedicated to the city’s affordable housing program. Ophelia will have...